By Lisa Anderson

There will be a resounding resurgence of manufacturing near-term. According to a new report from The Reshoring Initiative^®, reshoring broke records in the US in 2020 and exceeded foreign direct investment (FDI) for the first time since 2013. Not only did it beat FDI, but it beat it by nearly 100 percent! Also, according to the National Association of Manufacturers (NAM), the vast majority of US manufacturers (88 percent) expect sales, production, and prices to increase next year despite the supply challenges. Clients across the board are experiencing these same trends. Thus, there will be organic growth as well as reshoring growth. Why has this resurgence taken off by leaps and bounds?